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Ramona Company has the following labor-related data. Standard labor hours for output: 15,000 hours Standard labor rate: $10 per hour Actual labor rate: $8 per
Ramona Company has the following labor-related data.
Standard labor hours for output: 15,000 hours
Standard labor rate: $10 per hour
Actual labor rate: $8 per hour
Actual labor hours: 17,500 hours
Given this information, the labor EFFICIENCY variance is
$10,000 favorable $35,000 unfavorable $35,000 favorable $10,000 unfavorable $25,000 unfavorable $25,000 favorable |
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